SMC News

SMC is pleased to report Delivery Ceremony in Hyundai Mipo Dockyard Co., LTD. Ulsan Korea: Hull No. H2533, the 3rd unit from the series of 10 x 50,000 DWT Product/ Chemical tankers IMO Type II ordered by Oman Shipping Company S.A.O.C.
Vessel’s principal particulars: LOA = 183.0m, B = 32.2m, D = 19.1m, T d/s = 11.0/13.2m. Propelled by MAN B&W 6G50ME-B9.3 with EGB Low Load tuning and developing 5,344 KW x 82.7 RPM at NCR the vessel will operate at the speed of 14 knots. The vessel is classed by ABS and will be built to Marshall Islands flag requirements.
ABS Classification notes: +A1(E), Oil/Chemical Tanker, IMO Ship Type 2, ESP, +AMS, +ACCU, CSR, AB-CM, VEC-L, TCM, UWILD, SPMA, CPS, CRC, GP, BWT, PMA, CPP, POT, ENVIRO.

SMC is pleased to report delivery of M/T “Torm Titan”, Hull No. S3089 in Sungdong Shipbuilding and Marine Engineering Co., Ltd., South-Korea. This is the fourth vessel delivered from the series of 6 x 50,000 DWT Product/ Chemical tanker (IMO Type: II/III) ordered by TORM A/S.
Vessel’s principal particulars: LOA = 183.0m, B = 32.2m, D = 19.1m, T d/s = 11.0/13.3m. Propelled by MAN B&W 6G50ME-B9.3 with ECT Part Load tuning and developing 6,219 KW x 83.9 rpm at NCR the vessel will operate at the speed of 15 knots. All vessels in the series are classed by Lloyd’s Register and being built to Singapore flag requirements.
Classification notes: +100A1, Double Hull Oil and Chemical Tanker, Ship Type 2 and Ship type 3, CSR, ESP, ShipRight (CM, ACS(B)), *IWS, LI, SPM4, +LMC, IGS, UMS. Descriptive Notes: COW (LR), ETA, ShipRight (BWMP(S, T), IHM, SERS, VECS, SCM)).
The vessel departed from shipyard on 6th January 2016 on her maiden voyage to Philippines to load vegetable oil for Europe.

We would like to present and share with you the new logo of Schulte Marine Concept. The logo was finalized and approved by our mother company – BS at end of November, in parallel with the first external use in current issue of SMC Newsletter.
The design was managed by BSM. By introducing a fresh approach to use of the letter “SMC”, the new design creates a clear association with “Schulte Marine Concept”. In order to show that SMC is a part of BSM, the design was aligned with BSM logo artwork, using colors blue and red instead of green and red and the same font types.
The new logo will be applied to all SMC documents and material. New stationery material, such as business card, envelop, letterhead, compliment slip, file folder, etc. will be developed soon.

SMC is pleased to report launching ceremony in CRIST Shipyard, Poland: of mv ”WINDEA LA Cour”, Hull No. 309, the first unit from the series of 2 x 3,200 DWT Service Offshore Vessel ordered by Bernhard Schulte.
Vessel’s principal particulars: LOA = 88.0m, LBP=73.00, B (MLD) = 18.00m, Depth (from MD) = 8.00m, D s/d =6.4/6.0m.
All vessels in the series are classed by DNV and will be built to Gibraltar flag.
Classification notes: SF, E0, Offshore service vessel, DYNOPOS AUTR, CLEAN DESIGN, COMF-V(3) C(3), DK(+), BIS, NAUT-AW. LCS-DC, BWM-T, HELDK.
The vessel designed in Ulstein SY as Offshore Wind Farm Service Vessel, will arranged for totally 60 person on board (POB), with storage, workshops, meeting rooms, cinema. Service speed of 13.5 knots propelled by 2 Azimuth units, each one driven by a frequency controlled electrical motor. Vessel will be equipped with 2 tunnel thrusters and one retractable Azimuth thruster on for part of vessel. FMEA-analysis for DP 2 approved by IMCA members.
Delivery of the vessel is scheduled for June 2016.

Bernhard Schulte held its first Shipping Day during the Marintec Conference & Exhibition in Shanghai on Wednesday 2nd December.
Hosted by Chief Financial Officer, Tobias Pinker, the event was moderated by Stefan Glaebe, Director – Relationship Management, and attended by senior decision makers from the Chinese finance and shipping industry.
A full agenda provided for an afternoon packed with information about the industry, services of the Schulte Group and solutions for distressed assets in the portfolios of financial institutions and shipyards.
Among more than 130 participants were special guests Ms. Liu Ya from the Export-Import Bank of China and Mr. Li Zhizhan from the China Export & Credit Insurance Corporation.
Participants in the panel discussion included Mr. Wu Hongliang (The Export-Import Bank of China), Mr. Fan Enhui (Bank of China), Mr. Yang Changkun (ICBC Financial Leasing Co., Ltd.) and Mr. Fang Xiuzhi (Bank of Communications Financial Leasing Co., Ltd.).
Bernhard Schulte’s Corporate Counsel, Dr. Max Asschenfeldt, presented an overview of lessons learnt from the German KG shipping crisis and explained how the Group’s experience in warehousing solutions for distressed assets can add value to lenders.
Bernhard Schulte Shipmanagement’s Marketing and Business Development Director, Robin Thuillier, Schulte Marine Concept Managing Director, Krzysztof Kozdron, and BSM Hong Kong Managing Director, Firoze Mirza, outlined the advantages of integrated newbuild consultancy, supervision and full ship management in safeguarding and adding value to ship assets.
In the subsequent presentation Dr. Klaus Dimigen from shipping law firm Ehlermann Rindfleisch Gadow (ERG) highlighted the risks for lessors where counterparties face distress situations.
The afternoon concluded with a panel discussion moderated by Dr. Stefan Rindfleisch (ERG) where the participants raised concerns about the current state of the industry and shipping order books. They stressed that whilst they are not necessarily restricting their lending and leasing volume, they are taking an ever closer look at their partners.

SMC is pleased to report Delivery of MV “Majestic” in Yangfan Group Co., Ltd, Zhejiang East Coast Shipyard, China, Hull No. 2300, the eighth unit from the series of 12 x 2,345 TEU container vessels ordered jointly by B.Schulte and J.P.Morgan. Vessel’s principal particulars: LOA = 189.0m, B = 30.4m, D = 16.9m, T d/s = 8.5/10.5m. Propelled by main engine MAN B&W 6G60ME-C9.2 Tier II, 12,832KW x 97rpm at NCR the vessel will operate at the speed of 18.85 knots. From H2297 to H2300 are dual class by LR and CCS and all other vessels in the series are classed by Lloyd’s Register .All 12 vessels will be built to Singapore flag requirements. Classification notes: LR +100A1 Container Ship, Ship Right (SDA, FDA plus(25 N/A), ACS(B), CM), LI, *IWS, ECO (IHM, EEDI-3), +LMC, UMS, NAV1, Descriptive Notes: ShipRight(SCM, SERS, (BWMP(T)). The vessel was named on 1st July.2015 by Mr. Isaac Dacy. The vessel was delivered on 2nd December. 2015.

SMC is pleased to report delivery of M/T “Torm Torino”, Hull No. S3090 in Sungdong Shipbuilding and Marine Engineering Co., Ltd., South-Korea. This is the fifth vessel delivered from the series of 6 x 50,000 DWT Product/ Chemical tanker (IMO Type: II/III) ordered by TORM A/S.
Vessel’s principal particulars: LOA = 183.0m, B = 32.2m, D = 19.1m, T d/s = 11.0/13.3m. Propelled by MAN B&W 6G50ME-B9.3 with ECT Part Load tuning and developing 6,219 KW x 83.9 rpm at NCR the vessel will operate at the speed of 15 knots. All vessels in the series are classed by Lloyd’s Register and being built to Singapore flag requirements.
Classification notes: +100A1, Double Hull Oil and Chemical Tanker, Ship Type 2 and Ship type 3, CSR, ESP, ShipRight (CM, ACS(B)), *IWS, LI, SPM4, +LMC, IGS, UMS. Descriptive Notes: COW (LR), ETA, ShipRight (BWMP(S, T), IHM, SERS, VECS, SCM)).
The vessel departed from shipyard on 19 January 2016 on her maiden voyage to Tianjin to load Caustic soda for Gladstone in Australia.

SMC is pleased to report KEEL LAYING Ceremony in MAIZURU Shipyard Japan Marine United Corporation, Japan: of Hull No. S5081, the first unit from the series of 2 x 82,000 DWT Bulk Carriers ordered by RB Shipping Ltd,
Vessel’s principal particulars: LOA = 229.0m, B = 32.26m, D = 20.0m, T d/s = 12.2/14.45m. Propelled by MAN B&W 6S60ME-C8.2 and developing 7,100 KW x 80.3 rpm at NCR the vessel will operate at the speed of 14.5 knots. All vessels in the series are classed by Bureau VERITAS and will be built to Marshall Islands flag requirements.
Classification notes: Bureau VERITAS, I +HULL +MACH Bulk Carrier CSR CPS (WBT) BC-A (holds 2, 4, 6 may be empty) ESP GRAB [20] Unrestricted navigation +VeriSTAR-HULL
+AUT-UMS MON-SHAFT BWT GREEN PASSPORT INWATERSURVEY”
Delivery of the vessel is scheduled for January 2016 according to contract.

SMC is pleased to report Steel Cutting Ceremony in Maizuru Shipyard Japan Marine United Corporation, Japan: of Hull No. S5082, the second unit from the series of 2 x 82,000 DWT Bulk Carriers ordered by RB Shipping Ltd,
Vessel’s principal particulars: LOA = 229.0m, B = 32.26m, D = 20.0m, T d/s = 12.2/14.45m. Propelled by MAN B&W 6S60ME-C8.2 and developing 7,100 KW x 80.3 rpm at NCR the vessel will operate at the speed of 14.5 knots. All vessels in the series are classed by Bureau VERITAS and will be built to Marshall Islands flag requirements.
Classification notes: Bureau VERITAS, I +HULL +MACH Bulk Carrier CSR CPS (WBT) BC-A (holds 2, 4, 6 may be empty) ESP GRAB [20] Unrestricted navigation +VeriSTAR-HULL
+AUT-UMS MON-SHAFT BWT GREEN PASSPORT INWATERSURVEY”
Delivery of the vessel is scheduled for 31th May 2016 according to contract.

SMC is pleased to report Ship Delivery in M/s. Taizhou Kouan Shipbuilding Co. Ltd, China: of mv ” INTERLINK SAGACITY”, Hull No. TK1012, the third unit from the series of 15 X GREEN DOLPHIN 38,800 DWT Bulk Carriers ordered by Marine Capital Corporation, Bermuda.
Vessel’s principal particulars: LOA = 180.0 m, B = 32.0 m, D = 15.0 m, T d/s = 9.5/10.5 m. Propelled by MAN 5S50ME-B9.3 Tier II engine and developing 4575 KW x 89.9 rpm at CSR the vessel will operate at the speed of 14 knots at 9.50 draft. All vessels in the series are classed by Lloyd’s Register and will be built to Marshall Islands flag requirements.
Classification notes: LR +100A1 Bulk Carrier, CSR, BC-A, Hold Nos. 2, 4 may be empty, Grab [20], ESP, Ship Right (CM, ACS(B,D)), *IWS, LI, ECO(P, BWT, EEDI, IHM), Ice Class 1C FS. + LMC, UMS; With Descriptive notes: Ship Right ((BWMP (F,T), SCM, SERS).
The construction commenced with Steel Cutting on 08th April 2014 followed by the erection starting in slipway on 25th Dec 2014. The Ship launched on 11th March 2015 and the sea trial completed successfully on 26th July 2015. BSM, HK took delivery of ship after Delivery Signing Ceremony on 14th August 2015 which is attended by LR Surveyors, SMC Site Team and Shipyard representatives.”